Skip to main content

Roku expands its TV licensing program to Europe

Roku TV today represents more than 1 in 3 smart TVs sold in the U.S. Now, the company is bringing its TV licensing program to European markets. At the consumer tech show IFA in Berlin, Roku announced it will now allow manufacturers to license its TV reference designs and use its Roku OS to build […]

Roku TV today represents more than 1 in 3 smart TVs sold in the U.S. Now, the company is bringing its TV licensing program to European markets. At the consumer tech show IFA in Berlin, Roku announced it will now allow manufacturers to license its TV reference designs and use its Roku OS to build smart TVs for sale in Europe. It also said Hisense would be its first European Roku TV partner.

Today, the connected TV market is no longer limited to just the dongles, sticks, and streaming media players that plug into the HDMI ports of consumers’ TV sets.

Top companies like Roku, Google and Amazon are also making their operating systems and reference designs available to TV makers themselves, in a battle to gain consumer market share. Apple has been rumored to be working on its own television set powered by tvOS, as well.

Roku, to date, done well on this front in its home market, after first introducing the Roku TV platform at the Consumer Electronics Show in 2014. Hisense was then one of its first partners on the effort. Fast-forward to 2019, and there are now over 100 models available from over 10 brands in North America, and the company estimates that Roku TV is now the No. 1 selling smart TV OS in the U.S.

Roku isn’t alone in targeting Europe with its TV platform. Amazon this week announced more than 20 new Fire TV devices, 15 of which were TVs licensing its Fire OS. Many of these were also aimed at European consumers through partnerships with local brands and retailers.

The new Hisense Roku TV models will support 4K Ultra HD resolutions and HDR, and will come in sizes ranging up to 65 inches, Roku says. The models will launch in the U.K. in the fourth quarter.

“While consumers love Roku TV’s simplicity and advance features, TV manufacturers benefit from the low manufacturing cost, a variety of technology options, and support from Roku,” said Roku CEO and Founder Anthony Wood, in a statement. “The ability to quickly bring to market a leading smart TV experience that is regularly updated by Roku and is packed with entertainment gives TV manufacturers an edge in the competitive TV business. We are pleased to bring the Roku TV licensing program to Europe and look forward to the first Hisense Roku TVs in market this year,” he said.

 

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.